Real Estate Investing in Hanston, Kansas (67849)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 67849 (Hanston, KS)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
Rare combination of both appreciation and cash flow. These markets don't last long — worth serious consideration.
- High vacancy: 25.6% of homes vacant — above national norms.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Hanston, KS (67849)?
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Market Analysis: 67849 Hanston
ZIP 67849 in Hanston, KS carries a impressive set of headwinds. Home values near $137K and rents of $792/mo sit inside a market where underwriting has to be tight.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 67849 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Within KS, ZIP 67849 trails on several market indicators that neighboring Hodgeman County submarkets outperform. The gap is real and robust enough to shape underwriting.
Turning to rents, 322 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Distressed ZIPs reward experience. substantial returns are possible in 67849, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Hanston:
Market Trends
Home Value History (with trend line)
📊 How Does 67849 Compare?
| Metric | 67849 | Hanston | Kansas |
|---|---|---|---|
| Home Value | $137,138 | $137,138 | $237,409 |
| 5-Year CAGR | 9.1% | 9.1% | 7.2% |
| Avg Rent | $792 | $792 | - |
| Cap Rate | 4.5% | 4.5% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 67849 (Hanston, KS). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $137,138 |
| Monthly Rent | $792 |
| Price-to-Rent | 14.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.9% |
| Cap Rate | 4.5% |
| 5-Year IRR | 13.6% |
📈 Home Appreciation
| 1-Year | +17.6% ▲ |
| 3-Year CAGR | +11.2% ▲ |
| 5-Year CAGR | +9.1% ▲ |
| 10-Year CAGR | +7.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.5%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 67849
Population: 322
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
Frequently Asked Questions
How quickly do rentals get leased in Hanston, KS?
Hanston, KS carries elevated vacancy risk. Expect even-keeled absorption at market rents of $792/mo.
Are eviction rules reasonable in Hanston, KS?
For rental operators, Hanston, KS rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
How strong are rents in Hanston, KS?
Investors in Hanston, KS typically see rents near $792/mo per month against $137K home values - a solid setup for rental cash flow.
Is Hanston, KS suited for a house hack?
The a challenging house-hack environment in Hanston, KS reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How should investors approach Hanston, KS?
In Hanston, KS the resilient play is typically careful cash-flow rentals with hands-on management. The combination of $137K prices and $792/mo rents suits that approach.
You know 67849 now. You don’t know where it ranks.
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